Donald Trump, Japan and reciprocal tariffs
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President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.
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Trade War Erupts! Mr. Japan Caught in Tariff CrossfireCaught in a rising storm of global tariffs and diplomatic tension, “Mr. Japan” emerges as a key player in a high-stakes economic drama. From quiet negotiations to bold moves, this trade war could reshape the future of global alliances.
By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump on Monday began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher U.
While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.
President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.
Asian shares were mostly lower in early Tuesday trading, as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.1% in morning trading to 39,
Home Depot co-founder Ken Langone admitted Tuesday that previous concerns over President Donald Trump’s tariff policy were unfounded, saying he
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.